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BUSINESS & FINANCE

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Gold continued its plunge, sliding to a two-year low. The precious metal posted its biggest one-day percentage drop in 30 years as new signs of a global economic slowdown emerged and fears diminished that central banks' easy-money policies would stoke inflation. Gold futures for April delivery fell 9.4% to $1,360.60. Prices of industrial commodities sank following softer-than-expected economic data from China.

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Stocks dropped as the steep declines in commodity prices and economic worries fueled a selloff. The Dow industrials lost 265.86 points.

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Dish Network made a $25.5 billion bid for Sprint, kicking off a brawl with Japan's Softbank for control of the wireless carrier.

WORLD-WIDE

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Boston blasts killed at least three and injured about 140. Two bombs exploded near the end of the Boston Marathon, sending panicked spectators fleeing the scene. Scores of people were hospitalized, with some in critical condition. Authorities combed through video recordings and wreckage to determine who placed the bombs in what the FBI called a "potential terrorist investigation." Obama, in a brief televised address, said he would put the full resources of the government behind a probe.

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Venezuela backed away from a promise to carry out a full recount and declared Maduro as president-elect, sparking opposition protests.

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More than 25 bombings across Iraq left at least 61 dead. Al Qaeda was suspected in the attacks, which came ahead of elections this weekend.

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A Senate group is set to unveil legislation to overhaul the immigration system that gives preference based on skills and economic needs.